You guys are hitting some good points.Now compering cryptopia and chainz explorer (chainz-largest wallet- sort by address count), numbers dont add up regarding that 800k holder.I think that is a cold wallet that Cryptopia uses and distributes accordingly. But then again it could be a single coin holder as you mentioned. What amazes me is the fact that i have no idea nor indication when it would be a good time to take the profit on Joule as we all wanna make some money.

I see some holders with millions in their account and waiting on them to do some moves but it has not happened yet, but all they do is acquire more and more. As much as this scares me -- Top 10 have 50.35% of all coins i see nothing else but wallets getting bigger and bigger. Just like Bitcoin i tought ok its time to start selling Joule at 50 then at 70 and now at 100 i say well, lets see if 1000 will come along.As a "wanna be crypto trader " and looking at the history of this coin an how far it has come, i dont think we shall see any major unloading anytime soon, giving the credit to dear Bitcoin as well. But if we do, it has been an impressive Journey.

There isn't any problem with somebody having a lot of coins on the exchange, except that when only one person has most of the coins and does not have them for sale then they could pound the buy side at will. If at least two or three people are even then there is some pressure to respect market forces.

Cryptopia traders wallets are 800,000 , then 240,000 , then 130,000, so it isn't bad. The first address on the rich list has 4,000,000 which is probably Cryptopia.

A lot of people have a small amount in wallets from buying on Cryptsy including me. I'll wait til its a dollar a coin. Then I'll have enough to hire a hypnotist to help me remember the password.

Do they have a coin explorer. No.. At least i did not find..No one knows.Do they have a dev at forums.... Passed 2-3 years no....Do they have a website...Of course no..What website..It is not neccessary.

But stop..Their coin price jumped from 100 sat to 4000. And daily volume is 40 btc.

People are crazy...

So a shit coin can jump to 4000 i will not sell my precious XJO never before 1 USD per 1 XJO

I understand that there are few of us that will keep the coin till some future date, or untill we find the reason to sell, but as of now is anyone selling this coin? I check it frequently and i dont see any big/aggressive selling, which is a bit suprising considering this impressive run not just in XJO but BTC as well.I checked some other coins and any big (25%-100% +change) run is followed by somewhat of a heavy selling. Thoughts?

(Or perhaps nobody can remember these wallet encryptions like the one i forgot on my laptop)

... but as of now is anyone selling this coin? I check it frequently and i dont see any big/aggressive selling...(Or perhaps nobody can remember these wallet encryptions like the one i forgot on my laptop)

Volume comes from buyers, not sellers. If a coin is desireable and somebody wants it they buy a certain amount in the base currency of course, not in the target currency. Somebody going to buy bitcoin does not say "I want a million bitcoin", rather they say "I have $100 and want to buy some bitcoin with it".

On the other hand, to motivate an investor, he or she needs to have enough of a coin that they have a responsibility to make some improvement to it. If a person has one trillionth of the coin supply of bitcoin they are not going to think too much about improving the coin. But if they have one thousandth of the coin supply of xjo, for example, then they do want to add value to it.

The whale at Cryptopia has about 800,000 coins, followed by 240k, 170k and 130k. So about 4% of coins are on Cryptopia, and in the hands of 4 whales. 235k coins are for sale there, well under 1%. Another few 100k in smaller wallets.

Yobit does not show distribution by customer wallet, but they have 225k for sale up to 170 sats, so they probably have more coins than Cryptopia.

A person can estimate that at least 10% of coins are held in exchange wallets for customers, another few percent probably owned by the exchanges to use for arbitrage.

So there are enough coins at the exchange, and if the coin were improved, some new feature added that would give a reason to favor xjo over other coins, then buyers might step in.

Yobit is providing more liquidity in the coin and is likely where a trend would start, then the whale on Cryptopia would react probably and sell some.

800.000 coins @current price total value will be ~ 0.60 BTC. And we consider as a whale ? 800.000 coin supply is not a whale. It can NOT be a tuna fish https://en.wikipedia.org/wiki/Tuna either.

At yobit there are tons of shit coins, much of the have no explorer and website having volume of 40 btc daily. I underline it.1 BTC investment can push prices above 300 Sat easly. We are in a DRY sell order books....My thought millions of coins also CAN BE lost with cryptsy, Out total coin supply can be ~1/2 of total. Who knows.

You guys are hitting some good points.Now compering cryptopia and chainz explorer (chainz-largest wallet- sort by address count), numbers dont add up regarding that 800k holder.I think that is a cold wallet that Cryptopia uses and distributes accordingly. But then again it could be a single coin holder as you mentioned. What amazes me is the fact that i have no idea nor indication when it would be a good time to take the profit on Joule as we all wanna make some money.

I see some holders with millions in their account and waiting on them to do some moves but it has not happened yet, but all they do is acquire more and more. As much as this scares me -- Top 10 have 50.35% of all coins i see nothing else but wallets getting bigger and bigger. Just like Bitcoin i tought ok its time to start selling Joule at 50 then at 70 and now at 100 i say well, lets see if 1000 will come along.As a "wanna be crypto trader " and looking at the history of this coin an how far it has come, i dont think we shall see any major unloading anytime soon, giving the credit to dear Bitcoin as well. But if we do, it has been an impressive Journey.

Don't expect that too quickly.. Mine will not be moving very easily. Furthermore aren't some of those wallets exchange wallets?

If you guys want this coin to grow, there needs to be some type of social media presence to raise awareness. Twitter, FB, Reddit.. etc. Also, the main site could use an overhaul. I see this coin has been around for a while but I've personally not heard of it. I only found it on coinmarketcap while looking thru the coins. Still don't know how I found it. But if no one knows about it, no one will buy or use. There are many people new to the crypto space and it seems this community thinks the price should raise based off of it's longevity which sadly is not the case. Lastly, users are going to want to know what use case this coin has if any. Roadmap, functionality, etc or just mine and maybe profit. (I've only skimmed thru a few pages so excuse me if I missed the use case) Just my 2c.

Wow, 1000 sat at cryptopia i just saw that one... ahhah wtha is happening to little Joule Village. Nice peacefull coin suddenly has gone wild. Now the question is; is this pump and dump or pump then maybe a dump or pump and "well ill sell it at some later point" what do you guys think.Regardless impressive